Wharton Finance Department

New Advanced Study Projects during the Spring 2010 semester

CORPORATE RESTRUCTURING - 1 CU
FNCE 891

Professor Mark Jenkins will offer "Corporate Restructuring" The objective of this course is to familiarize students with the financial, legal, and strategic issues associated with the corporate restructuring process. The main focus of the course will be the restructuring of financially distressed firms. We will survey a variety of restructuring methods (out-of-court workouts, exchange offers, prepackaged bankruptcies, Chapter 11 bankruptcies, international insolvency practices) available to troubled firms and study the dynamics of the restructuring process through the lens of a number of historical and current case studies. The course will provide students with tools to identify and value distressed securities, understand the legal framework governing bankruptcy and reorganization, and navigate the key strategic issues facing managers and investors in distressed companies.
PREREQUISITES for this course are FNCE 726-Advanced Corporate Finance and FNCE 728-Corporate Valuation or permission from the professor.
This MBA course and registration will be through the MBA Auction.

MANAGING FIXED INCOME SECURITIES - 1 CU
FNCE 894

Professor Scott Richard will offer his “Managing Fixed Income Portfolios” course this coming spring. This course focuses on managing efficient fixed income portfolios. The goal will be to infer market forecasts from current bond prices. Use analytical models to find the market forecasts and the prices the market is offering for bearing the different types of risks.
PREREQUISITE for this course IS Fixed Income
Professor Richard will teach one MBA section and one Undergraduate section, the MBA section will be through the MBA Auction.

PRIVATE EQUITY - .50 CU - Quarter 2 [3-15-10 - 4-27-10]
FNCE 895

The course will be a survey of the private equity asset class. Its objective is to provide an understanding of the concepts, agents, and institutions involved in the late stage corporate private equity market in the U.S. and around the globe. It will examine the buyout market and the activities of buyout funds from the differing perspectives of private equity investors, private equity fund sponsors, and managers of the portfolio companies.
The course topics will follow the private equity cycle by studying representative transactions in the U.S., Europe, and emerging markets.:
Private Equity Structure and Fundraising; Negotiation, Adequate Deal Structures; Investment Origination, Due Diligence, and Valuing of Private Equity interests; Value Creation and Management of Portfolio Companies and Investment Exit.
PREREQUISITES for this course are FNCE 726-Advanced Corporate Finance and FNCE 751-Finance of Buyouts and Acquisitions or permission from the professor.

Enrollment for this course is by application only - Application submission deadline is Friday, November 27th, 2009.

Professor N. Bulent Gultekin - Application

Academic Seminars

Research Centers

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WRDS, Wharton Research Data Services
SEC EDGAR Database of Corporate Information

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